I Was exploring X as usual and saw that Microstrategy is trending. Upon clicking on it and reading a few posts i came to know that Microstrategy has bought an additional of 12000 Bitcoin . This was also posted from official Microstrategy account on X.
Microstrategy bought 12000 Bitcoin at an average of $68000 per BTC. In total they hold now 205000 Bitcoin bought for $6.2 Billion. At current value Microstrategy Bitcoin holdings are in profit of 120%. It shows the longterm commitment.
Microstrategy is buying Bitcoin at this price when it is at $72k shows that they strongly believe that Bitcoin is the future of Finance. The company is holding a significant amount of btc which put them in the list of top btc holders.
Michael Saylor who is CEO of Microstrategy personally holds around 17000 Bitcoin. He is a true bitcoin believer and a lover who believes that Bitcoin will defeat gold over time. These comments shows how strong believer he is.
If you dont know let me tell you that Michael Saylor was once a Bitcoin hater, yes you heard it right , in the past he used to speak against Bitcoin but later he took back his words and came as a Bitcoin lover and now has a big name when it comes to cryptocurrency .
Bitcoin hit a new high price today reaching $72700 and the momentum is still there. It looks like the road to $100k is around the corner. Bitcoin Halving is few days away which is going to be a big event in bitcoin growth in terms of price.
As of now when Bitcoin is trading above $72k , some of the people are still doubting bitcoin and staying that its going back from here. These are the same people who were saying that bitcoin will never recover and will go to zero. But Bitcoin proved wrong to all of the haters.
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Some people are having double standard when they talk against bitcoin , they will accumulate it and pour hate at the same time. This is really not a good thing. You should accept Bitcoin openly as its not a crime to own it.
Bitcoin is not an ordinary thing which is why it cannot be blocked, you can try to do so but cannot be successful. Bitcoin is a decentralized asset born to eradicate centralized system of paper money.
Cryptocurrency is having issues when it comes to regulation , its because of the few dirty minds who and haters ho dont want to see crypto getting adopted because this will end their bad powers of controlling the financial system.
Crypto is the future, we need to spread awareness around us so that people could know the potential it has. The time is near when people will say good bye to paper money and crypto will rule the financial system.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.
About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.
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